SPI Daily 3rd November 2011 Daily recap

Market trading above the higher timeframe 50% levels

Trend guide @ 4178.

Expectation is the price will move down on open towards 4178, and then try and rise up towards 4231 later in the day.


SPI Weekly and Daily

 Market moved down, but it kept on going down once below 4178.

Price continued down another 42 points, and in late trading rose up 42 points from the lows.

Market continues to trade around major support levels.




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